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November 22, 2024 |
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| Home > Small Business Lenders by State > North Carolina Business Loan Sources > Mount Airy, Business Loans > Surrey Bank & Trust Mount Airy Business Loans > Store Retailers Loan | ||||
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Surrey Bank & Trust
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Business Loan from Surrey Bank & Trust Given to Store Retailers CompanyAn SBA loan from Surrey Bank & Trust typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Mount Airy, North Carolina business owner got a $53,000 loan. This growing company knew how to go about getting a business bank loan. Based in Mount Airy, North Carolina, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Surrey Bank & Trust, based in Mount Airy, North Carolina. SBA Loan Borrower COMPANY TYPE: STORE RETAILERS SBA Loan Lender SURREY BANK & TRUST This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453998 - Store Retailers Loan Approval Date 8/23/2005 Loan Approval Gross Amount $53,000 Loan Approval from the SBA Of the total $53,000 loan amount, the SBA guaranteed $45,050. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Getting an SBA Loan For Your Business Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Obtaining Funding - Friends and Family Who Lends Money to Small Businesses in Mount Airy, North Carolina Browse All Business Loan Sources for North Carolina
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